Travel, banks, construction and basic resources outperform; energy and utilities the biggest laggards:
StreetAccount Summary - EU Sector Highlights: STOXX 600 +1.6%; Oil prices lower, weighing on Energy sector but helping airlines/travel; Banks also outperforming
StreetAccount Summary: The Economist print edition
StreetAccount European Reads
Insurance, food/beverage, media and banks the top performers; energy and healthcare lag:
Unicredit eyes Delfin ~17.5% stake in MPS to block Intesa Sanpaolo takeover plan - Quotidiano Nazionale (€71.68, 0.00)
Banca Monte dei Paschi di Siena initiates the preliminary assessment of offers from Banco BPM and Intesa Sanpaolo (post EU close) (€10.10, 0.00)
StreetAccount M&A Summary: Week of 1-Jun
Unipol Gruppo releases presentation material in connection with its acquisition of part of BMPS from Intesa Sanpaolo and combination of bank with BPER (€20.93, +0.06)
Energy, food/beverage, banks and defensive sectors outperform; cyclicals the top laggards:
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